Starting preprocessing of the model file ...
Found 29 equation(s).
Evaluating expressions...done
Computing static model derivatives (order 1).
Computing dynamic model derivatives (order 1).
Processing outputs ...
done
Preprocessing completed.




Residuals of the static equations:

Equation number 1 : 0 : x
Equation number 2 : 0 : 2
Equation number 3 : 0 : G
Equation number 4 : 0 : I
Equation number 5 : 0 : 5
Equation number 6 : 0 : a
Equation number 7 : 0 : FL
Equation number 8 : 0 : FK
Equation number 9 : 0 : u
Equation number 10 : 0 : TFP
Equation number 11 : 0 : Y
Equation number 12 : 0 : l
Equation number 13 : 0 : Ltot
Equation number 14 : 0 : Ctot
Equation number 15 : 0 : tauk
Equation number 16 : 0 : kappa
Equation number 17 : 0 : 17
Equation number 18 : 0 : 18
Equation number 19 : 0 : taut
Equation number 20 : 0 : T
Equation number 21 : 0 : ut
Equation number 22 : 0 : Kt
Equation number 23 : 0 : Ct
Equation number 24 : 0 : Bt
Equation number 25 : 0 : wt
Equation number 26 : 0 : rt
Equation number 27 : 0 : Lt
Equation number 28 : 0 : Yt
Equation number 29 : 0 : It



STEADY-STATE RESULTS:

u     		 0
r     		 0.00833333
w     		 1.69981
FK    		 0.0130208
FL    		 2.26641
B     		 43.8683
K     		 170.071
TFP   		 1
Ltot  		 5.07215
Ctot  		 10.6405
Y     		 17.9618
I     		 4.25178
It    		 0
ut    		 0
Kt    		 0
Ct    		 0
Bt    		 0
wt    		 0
rt    		 0
taut  		 1.12844
tauk  		 0.36
Yt    		 0
Lt    		 0
kappa 		 0.75
G     		 3.06949
l     		 5.07215
T     		 0
a     		 213.94
x     		 8.21943

MODEL SUMMARY

  Number of variables:         29
  Number of stochastic shocks: 1
  Number of state variables:   3
  Number of jumpers:           2
  Number of static variables:  24


MATRIX OF COVARIANCE OF EXOGENOUS SHOCKS
Variables         eps
eps          0.000500

POLICY AND TRANSITION FUNCTIONS
                                  ut              Bt            taut           kappa            tauk              Yt              Ct              It              Lt
Constant                           0               0        1.128440        0.750000        0.360000               0               0               0               0
u(-1)                      95.000000        6.042904               0               0               0               0      -11.345576      -40.189773               0
K(-1)                              0       -2.108106               0               0               0        0.265012        0.382844        0.161442        0.083337
a(-1)                              0        2.089588               0               0               0               0               0               0               0
eps                       100.000000        6.360952               0               0               0               0      -11.942711      -42.305024               0


THEORETICAL MOMENTS
VARIABLE         MEAN  STD. DEV.   VARIANCE
ut             0.0000     7.1611    51.2821
Bt             0.0000     4.8595    23.6147
taut           1.1284     0.0000     0.0000
kappa          0.7500     0.0000     0.0000
tauk           0.3600     0.0000     0.0000
Yt             0.0000     0.9654     0.9320
Ct             0.0000     1.9668     3.8685
It             0.0000     3.3622    11.3044
Lt             0.0000     0.3036     0.0922



MATRIX OF CORRELATIONS
Variables        ut      Bt      Yt      Ct      It      Lt
ut           1.0000  0.7794 -0.4996 -0.7891 -0.9885 -0.4996
Bt           0.7794  1.0000 -0.8602 -0.9488 -0.8528 -0.8602
Yt          -0.4996 -0.8602  1.0000  0.9264  0.6251  1.0000
Ct          -0.7891 -0.9488  0.9264  1.0000  0.8731  0.9264
It          -0.9885 -0.8528  0.6251  0.8731  1.0000  0.6251
Lt          -0.4996 -0.8602  1.0000  0.9264  0.6251  1.0000



COEFFICIENTS OF AUTOCORRELATION
Order          1       2       3       4       5
ut        0.9500  0.9025  0.8574  0.8145  0.7738
Bt        0.9982  0.9932  0.9854  0.9753  0.9631
Yt        0.9995  0.9982  0.9960  0.9931  0.9895
Ct        0.9907  0.9812  0.9714  0.9613  0.9511
It        0.9596  0.9210  0.8842  0.8491  0.8156
Lt        0.9995  0.9982  0.9960  0.9931  0.9895
Total computing time : 0h00m01s
